June 29, 2010
Meet the Women Leading Financial Reform
Meet three women willing to break ranks with Wall Street to improve the U.S. financial conditions: Sheila Bair, Mary Schapiro and Elizabeth Warren. They have become unlikely watchdogs of Wall Street. And they might actually succeed.
One of America's most powerful women last year, Sheila Bair, chair of the FDIC, was one of the first federal regulators to publicly talk about the financial collapse more than three years ago. Thanks to her work, the FDIC has taken a record 69 banks into receivership.
Securities and Exchange Commission Chair Mary Schapiro, the first woman to hold that position, initiated the agency's recent lawsuit against Goldman Sachs. She has worked under four presidents and helps lead the current financial reform.
While she lost out on the Supreme Court nomination, Elizabeth Warren looks out for the middle class as chair of the Troubled Asset Relief Program bank bailout and the chief advocate.
Bonus PINK Link: Still feeling a few setbacks? It's possible to recession-proof your career. Here's how.
By Muriel Vega
“Stand before the people you fear and speak your
mind – even if your voice shakes." Maggie Kuhn